X Daily News (@xDaily): NEWS: The WSJ has leaked an email Elon sent to X staff this month:
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NEWS: The WSJ has leaked an email Elon sent to X staff this month: "Our user growth is stagnant, revenue is unimpressive, and we’re barely breaking even", Elon wrote. Despite the downbeat tone, this appears to confirm that as a business X is no longer losing money, a consistent worry in the first two years post-acquisition. Elon added in the email: "“Over the last few months, we’ve witnessed the power of X in shaping national conversations and outcomes" and “We are also seeing other platforms begin to adopt our commitment to free speech and unbiased truth,” This comes as Wall Street banks are preparing to sell billions of dollars in debt holdings in X.